Define important terms Important Terms Project Plan Project Charter Specifications Work Statement Master Schedule Procedures Budget Materials and

Define important termsImportant Terms•Project Plan •Project Charter •Specifications •Work Statement •Master Schedule •Procedures •Budget •Materials and Equipment Forecast •Responsibility Assignment Matrix •Projectized Organization •Management Plan •Reporting and Review Procedures •Kick-off Meetings •Scope Management Plan •Risk Management Plan •Procurement Management •Team Development •Information Distribution •Quality Assurance •Solicitation •Source Selection •Contract Administration •Scope Verification week 6•Project Management Framework •Project Management Knowledge Areas •Initiation •Scope Management Plan •Scope Definition •Scope Verification •Scope Change Control •Activity Definition •Activity Sequencing •Activity Duration •Life Cycle •Payback Period •Risk Identification •Risk Mitigation •Schedule •Schedule Control week 7•Variances•Metrics •Performance Reporting •Schedule Slippage